Odaily Planet Daily News: On-chain analyst Ai Yi stated that according to the Dune dashboard 'Wrapped BTC War', the current market share of WBTC in the wrapped Bitcoin sector is 58.26%, exceeding 135,000 (during the last bull market's DeFi Summer, WBTC's market share once reached as high as 80-90%, and since late 2021, it has gradually stabilized at around 70% due to an increase in institutional participation. WBTC remains the leading wrapped BTC by a significant margin—almost double that of the second place BTCB, and seven times the share of cbBTC; this conclusion is even more evident on the Ethereum mainnet, where the proportion of WBTC holders is as high as 84.9%, which is 16 times that of the second place cbBTC (5.3%).